All Deals
July 19, 2025 - Deals
Perplexity AI Secures $100 Million Funding At $18 Billion Valuation From Nvidia And SoftBank
Perplexity AI, founded in 2022 and led by CEO Aravind Srinivas, has rapidly become a standout in the generative AI space, recently securing $100 million in funding at a soaring $18 billion valuation. Backed by major investors like Nvidia, SoftBank Vision Fund 2, NEA, and IVP, the company has seen explosive revenue growth and launched Comet, its AI-powered browser. Strategic moves, including a landmark partnership with Bharti Airtel in India, have fueled its global reach. Srinivas remains committed to independence and envisions Perplexity as the core of a new AI-native information infrastructure.
INVESTORS: Nvidia, SoftBank Vision Fund 2, New Enterprise Associates & IVP
AMOUNT: $100,000,000
VALUATION: $18,000,000,000
HQ: #SanFrancisco #California
#VentureCapital #PerplexityAI #AravindSrinivas #Nvidia #SoftBankVisionFund2 #NewEnterpriseAssociates #IVP #TradedVC
More Deals
View All
Archive Secures Strategic Funding Round Led By Anti Fund And Florida FundersArchive has closed a strategic funding round led by Anti Fund and Florida Funders, with backing from angels at OpenAI and Perplexity and more than 50 founders and executives, alongside existing investors including Battery Ventures, Stripe, Tiger Global, Lux Capital and Human Capital. Founded in 2021, Archive uses AI to power social listening and end-to-end creator marketing programs, now serving more than 1,000 brands including DoorDash, Pinterest and L’Oréal.
FOUNDER: Paul Benigeri
HQ: New York, New York
#VentureCapital #Archive #PaulBenigeri #TradedVC
Palo Alto Networks Acquires AI Startup Console For $500 MillionConsole, a San Francisco-based AI startup, has been acquired by Palo Alto Networks for a reported $500 million, just two years after its founding. The company had raised $29 million across two funding rounds and was valued at $157 million in its latest round. Palo Alto Networks CEO Nikesh Arora was among Console’s early investors, while Thrive Capital, led by Joshua Kushner, led both of the startup’s funding rounds. Palo Alto plans to integrate Console’s AI agent technology into its Cortex security platform.
ACQUISITION: $500,000,000
HQ: San Francisco, CA
#VentureCapital #Console #NikeshArora #TradedVC